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Showing 3311 - 3320 of 17956 results for "Bank"

Debt vulture crackdown welcome

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 JUL 2020
... businesses or individuals that claim to assist those struggling with debt but actually rake in big fees. National Australia Bank said it will no longer deal with unlicensed, fee-charging debt management provides. "Debt vultures exploit loopholes in the ...

Franklin Templeton announces revised APAC team

ELIZA BAVIN  |  WEDNESDAY, 29 JUL 2020
Franklin Templeton has revealed its new head of Asia Pacific (APAC), including India, as well as an updated distribution team within the region as it completes its acquisition of Legg Mason. Vivek Kudva has been appointed head of APAC and will be responsible ...

Chief economist update: Gold 2000

BENJAMIN ONG  |  WEDNESDAY, 29 JUL 2020
... survey indicating that: "Overall, three quarters of all the central banks that responded to the survey thought that global bank gold holdings would increase." And why wouldn't they? With interest rates at near-zero, zero, or even negative, the opportunity ...

Goldman chief faces backlash over DJ set

ALLY SELBY  |  TUESDAY, 28 JUL 2020
... country's sovereign wealth fund 1MDB. By accepting the deal, the Malaysian government has agreed to drop charges against the bank and will cease civil proceedings against 17 of the Goldman Sachs' current and former directors.

Westpac discovers additional transaction irregularities

ALLY SELBY  |  TUESDAY, 28 JUL 2020
Westpac's money laundering woes continue to worsen, with the bank today announcing it has uncovered hundreds of thousands of additional transactions of $10,000 or more that are "incomplete or inaccurate" to AUSTRAC. After further investigation, the ...

Westpac announces appointment, departure

ALLY SELBY  |  TUESDAY, 28 JUL 2020
Westpac has announced a new chief operating officer will join its ranks, while a group executive will leave the bank early next year. Scott Collary has nabbed the role and will lead Westpac's newly created group operating office, as the bank brings ...

Investment strategies need to change: GSFM

ELIZA BAVIN  |  TUESDAY, 28 JUL 2020
... that a bounce would come, but it has been sooner and sharper than many expected," Cappetta said. "Government and central bank support has fuelled a price rebound which is now at odds with the uncertainty of our COVID economy. Valuations are now stretched ...

Citi adds to markets, custody leadership

ELIZABETH MCARTHUR  |  MONDAY, 27 JUL 2020
... role, returning to Australia to take up the helm after spending time in Citi's New York office. She will focus on growing the bank's strategic relationships with asset managers and sovereign and hedge funds in Australia and New Zealand. McKerihanhas ...

Australian Unity names chief executive

ALLY SELBY  |  MONDAY, 27 JUL 2020
Australian Unity has nabbed the Bank of New Zealand's head of private banking, wealth and insurance to lead its retail business, following the resignation of the incumbent. BNZ chief customer officer of private, wealth and insurance Christine Yates ...

Australian Ethical adds to executive team

ELIZA BAVIN  |  MONDAY, 27 JUL 2020
... over 30 years ago when it first began pioneering ethical investing." Meanwhile, Loyez joins Australian Ethical from Volt Bank where she was also chief customer officer. Prior to that she has also worked as chief marketing officer at SocietyOne, chief ...